T3 Companies LLC Makes New $1.18 Million Investment in KraneShares Global Carbon Strategy ETF $KRBN

T3 Companies LLC acquired a new stake in shares of KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) during the third quarter, HoldingsChannel.com reports. The institutional investor acquired 35,089 shares of the company’s stock, valued at approximately $1,182,000. KraneShares Global Carbon Strategy ETF accounts for approximately 1.2% of T3 Companies LLC’s investment portfolio, making the stock its 19th biggest position.

Other institutional investors also recently added to or reduced their stakes in the company. Prime Capital Investment Advisors LLC grew its stake in KraneShares Global Carbon Strategy ETF by 5.8% in the third quarter. Prime Capital Investment Advisors LLC now owns 26,627 shares of the company’s stock valued at $897,000 after purchasing an additional 1,464 shares during the last quarter. Invested Advisors bought a new position in KraneShares Global Carbon Strategy ETF in the second quarter worth about $339,000. Wealthfront Advisers LLC lifted its position in shares of KraneShares Global Carbon Strategy ETF by 9.6% during the first quarter. Wealthfront Advisers LLC now owns 8,962 shares of the company’s stock valued at $266,000 after buying an additional 786 shares during the last quarter. Ascentis Independent Advisors purchased a new stake in shares of KraneShares Global Carbon Strategy ETF during the first quarter valued at about $688,000. Finally, Rockefeller Capital Management L.P. lifted its position in shares of KraneShares Global Carbon Strategy ETF by 184.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 976 shares of the company’s stock valued at $35,000 after buying an additional 633 shares during the last quarter.

KraneShares Global Carbon Strategy ETF Stock Performance

NYSEARCA:KRBN opened at $34.10 on Friday. KraneShares Global Carbon Strategy ETF has a fifty-two week low of $27.00 and a fifty-two week high of $36.50. The company’s 50-day simple moving average is $34.32 and its 200-day simple moving average is $33.25.

KraneShares Global Carbon Strategy ETF Company Profile

The KraneShares Global Carbon ETF (KRBN) is an exchange-traded fund that is based on the IHS Markit Global Carbon index. The fund seeks to track a carbon credit futures index that weights holdings based on trade volume. The fund holds December futures from three major cap-and-trade programs KRBN was launched on Jul 30, 2020 and is managed by KraneShares.